Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.As we look to 2020, copper is faced with a finely balanced market. For now, positive investor sentiment around copper’s fundamentals is supporting higher prices. Stronger demand growth is underpinned by new semis capacity, while...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Guilty of going after tonnages and pursuing growth at any cost during bull times, the world's mining companies have suffered a wave of CEO replacements, with shareholders demanding more capital austerity and returns in the form of div...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Over 650 GW of new onshore and 130 GW of new offshore wind capacity will be installed between 2018 and 2028. This will consume in excess of 5.5Mt of copper, according to a recent analysis by Wood Mackenzie.Henry Salisbury, Wood Macken...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Copper will play a pivotal role in the energy transition. Aluminium may be an abundant and cheap competitor for electrification applications, but carbon footprint issues for primary metal may give copper the edge. Ultimately that poin...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Demand for copper — already on a rising trend — is arguably set to explode as the energy transition takes hold. In order to prevent structural deficits, unsustainably high prices and demand destruction, miners will have to...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.This article first appear in Forbes on Oct 7, 2018. After a positive start to 2018, growing trade tensions have raised concerns over global economic growth, while tightening global liquidity is having an adverse effect on many em...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.We enter 2021 with many mined commodity prices riding high after recovering from a dramatic pandemic-induced slump in H1 2020. But far from marking a new atmosphere of positivity, the new year brings new questions. How will Chinese po...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.As the first wave of the coronavirus pandemic began to bite, many observers confidently predicted that the end was nigh for global economic activity. Governments around the world closed their economies as the only tool available to li...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The U.S has increased tariffs on $200bn of Chinese goods to 25%, from 10%, impacting a number of metals. Commentary below comes from the Wood Mackenzie metals team:Copper By Wood Mackenzie Senior Consultant, Yanting Zhou"Previous...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The most important driver of the zinc market in 2020 will be the performance of the world’s zinc smelting industry, according to Wood Mackenzie.The easing of trade tensions between the US and China, the struggling manufacturing...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The coronavirus pandemic has had a massive impact on every part of the global economic system. In response, unprecedented stimulus measures have boosted many countries’ debt-to-GDP ratios to levels not seen since WWII. But even...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Why is zinc expected to see significantly higher zinc prices later this decade?A spate of scheduled mine closures, an underdeveloped project pipeline and steady demand growth is expected to provide the basis for significantly higher z...Read More
RAPAPORT... BlueRock Diamonds has cut its output guidance for the year amid an increase in Covid-19 cases and riots in South Africa that have impacted operations.The miner now expects to produce between 24,000 and 28,000 carats for the year from its Kareevlei mine, versus the 30,000 to 39,000 it originally predicted, it said Monday. Protests over the imprisonment of former president Jacob Zuma hav...Read More
RAPAPORT... Gem Diamonds enjoyed a continued recovery in rough demand during the first half of 2021, with an improvement in market conditions boosting prices for its goods.Rough sales reached $104 million for the period, the miner said Wednesday - 41% higher than the figure the company reported a year earlier. Sales volume jumped 27% to 55,124 carats, while the average price climbed 10% to $1...Read More
RAPAPORT... Lucara Diamond Corp.'s revenue rose more than sixfold year on year in the second quarter as demand for polished stones drove up rough prices.Revenue from the company's Karowe mine in Botswana soared to $46.3 million for the three months ending June 30 from $7.5 million a year ago, it said Wednesday. While sales volume remained flat at 68,961 carats, the average price jumped to $671 per...Read More
RAPAPORT... US polished-diamond imports leaped 93% year on year to $1.59 billion in June, capping off six months of recovery for the industry. Figures stabilized at pre-pandemic levels - and sometimes higher - in the second quarter, according to data from the US Department of Commerce, while first-half imports jumped 88% versus the same period of 2020. Shipment volumes rose significantly duri...Read More
RAPAPORT... Diamcor Mining's average selling price rose 90% between its two July tenders as the miner recovered larger, gem-quality rough, it said Monday.The company garnered $271,509 from the early July sale of 1,560 carats it produced at its Krone-Endora at Venetia mine in South Africa, achieving an average price of $174 per carat. At the end of July, the miner held a second tender that yielded...Read More
(IDEX Online) - A major underground expansion at the Karowe mine, in Botswana, is forecast to contribute $4bn in extra revenue, says Canadian miner Lucara.The total cost of the project is $534m, fully financed by a $220m senior debt facilities package, $33m of equity financing and projected cash flows from current drill and blast open pit operation.The underground project is expected to prolong th...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday August 11.Please click...Read More